Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

stock of Ramba Moving sold for $53 per share at the beginning of the yearDuring the yearthe company paid a dividend of $2.50 per share

stock of Ramba Moving sold for $53 per share at the beginning of the yearDuring the yearthe company paid a dividend of $2.50 per share and then ended the year with a stock price of $51.75 The change in the stock price is best described as a?
image text in transcribed
capital gain. positive total dollar retum. capital loss. negative total dollar return. negative dividend yield

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions